Information note and consent regarding cookies - This website uses its own technical cookies and third party cookies (technical and profiling) in order to improve your browsing experience and provide you a service in line with your preferences. If you click on this banner or close this window or access any element underlying this banner, you'll provide consent regarding cookies. If you want to learn more or prefer to withdraw consent for all or some of these cookies read our Cookie Policy

X

Hello, it appears that you are using a version of Internet Explorer (IE 11 or older) for which our website is no longer optimized; please consider updating it to newer versions or alternatively consider alternative browsers. Thank you, the generali.com team.

Generali closes a € 750 million senior dated subordinated bond issue

03 July 2012
- 18:58

Trieste. Generali announced that a senior dated subordinated bond issue of a total amount of € 750 million, reserved to institutional investors, was successfully completed today. The transaction, which registered demand that was more than twice the offer, is aimed at calling in full, at the first call date on July 20, 2012, the existing subordinated bond maturing in 2022.

Chairman Gabriele Galateri di Genola commented: “This successful operation in the current environment of financial markets volatility testifies for the renowned solidity and reliability of Generali”.

Barclays, Citigroup, HSBC, JP Morgan, Mediobanca (Global Coordinator), Morgan Stanley and UniCredit acted as Joint Lead Managers for the transaction. The issue will be listed on the Luxembourg Stock Exchange.

Generali is one of the largest global insurance and asset management providers. Established in 1831, it is present in 50 countries in the world, with a total premium income of more than € 66 billion in 2018. With nearly 71,000 employees serving 61 million customers, the Group has a leading position in Europe and a growing presence in Asia and Latin America. Generali’s ambition is to be the life-time partner to its customers, offering innovative and personalized solutions thanks to an unmatched distribution network.

Generali is one of the largest global insurance and asset management providers. Established in 1831, it is present in 50 countries in the world, with a total premium income of more than € 66 billion in 2018. With nearly 71,000 employees serving 61 million customers, the Group has a leading position in Europe and a growing presence in Asia and Latin America. Generali’s ambition is to be the life-time partner to its customers, offering innovative and personalized solutions thanks to an unmatched distribution network.